Research article reveals tech-driven financial growth and IT governance enhance environmental funds in emerging economies, suggesting integration is essential.
Key Points
This study examines how tech-driven financial development and IT governance affect environmental funds in emerging economies.
Analyzed a panel dataset of 55 emerging economies from 2004 to 2023.
Employed two-step system generalized method of moments (sys-GMM) and dynamic panel data estimation (DPDE).
Tech-driven financial development increases environmental funds by a coefficient of 1.633 (p<0.05).
IT governance contributes to environmental funds with a coefficient of 1.272 (p<0.01).
The interaction between tech-driven financial development and IT governance has a positive moderating effect with a coefficient of 1.294 (p<0.01).